Post
Topic
Board Bitcoin Discussion
Re: Peter Zeihan - in a world of carbon taxes, cryptos net worths is negative
by
zander1983
on 26/12/2022, 16:25:19 UTC
On future carbon taxes, which I agree with, the bitcoin network can easily operate on a fully renewable grid - the problem with renewables is they are intermittent and the energy requires storage. Neither of these limitations apply to the Bitcoin network.

at 53min 20 - https://www.youtube.com/watch?v=aHUoMmKDLUI



Carbon taxes is just a buzz word. Just like ESG.

But nobody can deny the reality for the long run, and fossel fuels aren't going to disappear.
 
Anyway  bitcoin can be mined with green energy sources ,  when their price becomes sustainable  and competitive

How long do you define long run? Fossil fuels are being taken out of the ground 10 million times faster than they were put in - and their usage increases every year. The long run isnt as long as  many seem to imagine IMO.